-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MFEAmO788Cj75dEYDn+/ILlV7uR9hRLWPo0GLdCt2i3KGbwOdWW+kqe74Xwa7HXA F9MKN1Z7vxUSgtCoW4caMQ== 0000895813-96-000063.txt : 19960904 0000895813-96-000063.hdr.sgml : 19960904 ACCESSION NUMBER: 0000895813-96-000063 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19960903 SROS: NASD GROUP MEMBERS: AMERICAN ASSOCIATED ENTERPRISES GROUP MEMBERS: SWISS BANK CORP /ADR/ SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GENZYME CORP CENTRAL INDEX KEY: 0000732485 STANDARD INDUSTRIAL CLASSIFICATION: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836] IRS NUMBER: 061047163 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-37205 FILM NUMBER: 96625266 BUSINESS ADDRESS: STREET 1: ONE KENDALL SQ CITY: CAMBRIDGE STATE: MA ZIP: 02139 BUSINESS PHONE: 6172527500 MAIL ADDRESS: STREET 1: ONE KENDALL SQUARE CITY: CAMBRIDGE STATE: MA ZIP: 02139 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SWISS BANK CORP /ADR/ CENTRAL INDEX KEY: 0000911648 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 8880 [8880] STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: AESCHENPLATZ 6 CH 4002 CITY: BASEL STATE: V8 BUSINESS PHONE: 0612882020 MAIL ADDRESS: STREET 1: MARIO CUENI STREET 2: 141 W JACKSON CITY: CHICAGO STATE: IL ZIP: 60604 SC 13D 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ SCHEDULE 13D Under the Securities Exchange Act of 1934 Genzyme Corporation (Name of Issuer) Common Stock (Title of class of securities) 372917 10 4 (CUSIP number) Marc L. Berman Swiss Bank Corporation 141 West Jackson Blvd. Chicago, Illinois 60604 (312) 554-5377 (Name, address and telephone number of persons authorized to receive notices and communications) August 22, 1996 (Date of event which requires filing of this statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ]. Check the following box if a fee is being paid with the statement [ ]. (continued on following pages) 1 Name of Reporting Persons S.S. or I.R.S. Identification Nos. of Above Persons Swiss Bank Corporation (13-5424347) 2 Check the Appropriate Box if a Member of a Group (a) [ ] (b) [ ] 3 SEC Use Only 4 Source of Funds OO 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Item 2(d) or 2(e) [ ] 6 Citizenship or Place of Organization Swiss banking corporation 7 Number of Shares Beneficially Owned by each Reporting Person with Sole Voting Power 0 8 Shared Voting Power 3,586,128 9 Sole Dispositive Power 0 10 Shared Dispositive Power 3,586,128 11 Aggregate Amount Beneficially Owned by Each Reporting Person 3,586,128 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares [ ] 13 Percent of Class Represented by Amount in Row (11) 5.02 14 Type of Reporting Person BK SCHEDULE 13D Item 1. Security and Issuer. This Schedule 13D relates to the common stock (the "Common Stock") of Genzyme Corporation, a Massachusetts corporation ("Genzyme"). The address of Genzyme's principal executive offices is One Kendall Square, Cambridge, Massachusetts 02139. Item 2. Identity and Background. This Schedule 13D is filed by: Swiss Bank Corporation ("SBC") Aeschenplatz 6 CH-4002 Basel Switzerland SBC is a Swiss banking corporation and is principally engaged in banking and related activities. The executive officers and directors of SBC are listed on Schedule A to this Schedule 13D. This Schedule 13D reflects beneficial ownership by SBC of (a) Common Stock that it owns directly or has the right to purchase upon the exercise of warrants and with respect to which it has, or upon exercise of the warrants would have, shared voting and dispositive power pursuant to an investment advisory agreement with SBC Warburg Inc. under which SBC Warburg Inc. acts as discretionary investment adviser, and (b) Common Stock that is controlled by Brinson Partners, Inc. or Brinson Trust Company (collectively referred to as "Brinson"), indirect subsidiaries of SBC, and with respect to which SBC may be deemed to have shared voting and shared dispositive power. (a)-(c) Not applicable (d)-(e) During the last five years, none of SBC and, to SBC's knowledge, the individuals listed on Schedule A: (i) has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. (f) Not applicable Item 3. Source and Amount of Funds or Other Consideration. All of the appproximately $25 million in funds used by SBC to purchase Common Stock and warrants to purchase Common Stock were provided by SBC as part of its routine investment activities. All of the funds used by Brinson to purchase Common Stock were provided by the clients of Brinson from their funds held for investment. Item 4. Purpose of Transaction. The Common Stock owned by SBC and that it has the right to purchase upon the exercise of warrants was purchased as part of arbitrage strategies under which warrants to purchase Common Stock and other derivatives are bought and sold in connection with the purchase and sale of Common Stock and other securities in order to profit from perceived price differentials. The Common Stock controlled by Brinson was purchased for investment purposes on behalf of the accounts of over 130 retirement plans, tax-exempt entities, mutual and collective funds and other investors for whom Brinson acts as discretionary investment adviser. Item 5. Interest in Securities of the Issuer. As of August 22, 1996: (a) SBC was the beneficial owner of an aggregate of 3,586,128 shares of Common Stock, which constituted 5.02% of the outstanding shares of Common Stock based upon the most recent publicly available information regarding Genzyme. The individuals listed on Schedule A do not, to SBC's knowledge, own any Common Stock. (b) SBC had shared power to vote (or to direct the vote) and shared power to dispose (or to direct the disposition) of an aggregate of 3,586,128 shares. (c) Schedule B describes each of the transactions in Common Stock that was effected during the past sixty days. All transactions in Common Stock occurred on the NASDAQ National Market System, Chicago Stock Exchange, Instinet and/or directly with buying and selling brokers. (d) With respect to the Common Stock controlled by Brinson, any dividends from, or proceeds from the sale of, the Common Stock are for the benefit of the ultimate investors, and such investors generally have the right to receive or the power to direct such proceeds. (e) Not applicable Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer. A portion of the Common Stock for which beneficial ownership by SBC is reported in this Schedule 13D is not currently owned by SBC but is purchasable by SBC upon exercise of publicly traded warrants to purchase Common Stock that were issued by Genzyme Corporation and are owned by SBC. Item 7. Material to be Filed as Exhibits. None SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. SWISS BANK CORPORATION September 3, 1996 By: /s/ Mario Cueni --------------------------- Its: Legal Adviser By: /s/ Roberto Battegay --------------------------- Its: Legal Adviser SCHEDULE A Set forth below is the name, citizenship, occupation and title of each of the Directors and Executive Officers of SBC. The business address of each such person is c/o Aeschenplatz 6 CH-4002, Basel, Switzerland, except as follows: Mr. Brinson's business address is 209 South LaSalle, Chicago, IL 60604; Mr. Dugan's business address is 141 West Jackson Blvd., Chicago, IL 60604; Mr. Siciliano's and Mr. Solo's business address is Swiss Bank House, 1 Finsbury Avenue, London, EC2M 2PP, England; Mr. Ward's business address is 25/F One Exchange Square, 8 Connaught Place, Central, Hong Kong; Mr. Wojewodzki's business address is Swiss Bank Center, Europastrasse 1, CH-8152 Opfikon, Switzerland.
Name Citizenship Occupation Title - ----- ------------ ----------- ------ Georges Blum Switzerland Chairman Director Alex Krauer Switzerland First Vice-Chairman, Director Chairman of the Board and Managing Director of Ciba Ltd. Georg Krneta Switzerland Second Vice-Chairman, Director Attorney-at-law, Chairman of the Board of Directors of Landis & Gyr Ltd. Christophe Babaiantz Switzerland Chief Executive Officer of Director Socie'te' Anonyme l'Energie de I'Ouest-Suisse (EOS) Peter Bockli Switzerland Attorney-at-law Director Luc Bonnard Switzerland Executieve Vice President Director of Schindler Holding Ltd. Pierre Borgeaud Switzerland Chairman of the Board of Director Directors of Sulzer Ltd. Suzanne Bruschweiler Switzerland Chairman of the Board of Director SV-Service Gaston Gaudard Switzerland Professor at the Director Universities of Friburg and Lausanne Carlos Grosjean Switzerland Vice-Chairman of the Board Director of Directors of Socie'te' Suisse de Ciment Portland S.A. Jacques-Henri Hubscher Switzerland Chairman of the Board of Director Directors of Caran d'Arche S.A. Rolf Huppi Switzerland Chairman of the Board of Director Directors of Zurich Insurance Company Hans Peter Ming Switzerland Managing Director of Sika Director Finanz AG Rinaldo Riguzzi Switzerland Member of Supervisory Board Director and Chief Executive Officer of IVF Internationale Verbandstaff - FABRIK Rolf Schauble Switzerland Chairman of the Board of Director Directors of Bloise-Holding Georges R. Schorderet Switzerland Executive Vice President Director and Chief Financial Manager of SwissAir Swiss Air Transport Company Ltd. Jacob Schmidheiny Switzerland Chairman of the Board and Director Managing Director of Zurcher Ziegelein Holding Rolf W. Schweizer Switzerland Chief Executive Officer of Director Sandoz Ltd. Marcel Ospel Switzerland Group Chief Executive Group CEO Officer of SBC Georges Streichenberg Switzerland Deputy Group Chief Deputy Group CEO Executive Officer of SBC Corporate Center Peter A. Wuffli Switzerland Chief Financial Officer of Chief Financial Officer SBC Corporate Center Alberto Togni Switzerland Chief Credit Officer of SBC Chief Credit Officer Corporate Center Ernst Balsiger Switzerland Head "Private Investors & Division Head Asset Management," SBC Domestic Division Georges Gagnebin Switzerland Deputy Head "Private Deputy Division Head Investors & Asset Management," SBC Domestic Division Franz Menotti Switzerland Head "Retail," SBC Domestic Division Head Division Hanspeter Bruderli Switzerland Head "Logistics," SBC Division Head Domestic Division Thomas K. Esher Switzerland Regional Head Zurich, Regional Head Eastern Switzerland and Ticino, SBC Domestic Division Bruno Hug Switzerland Regional Head Western Regional Head Switzerland and Valais, SBC Domestic Division Georg Schnell Switzerland Regional Head Central and Regional Head North-Western Switzerland, SBC Domestic Division Johannes A. de Gier Switzerland Executive Chairman, SBC Executive Chairman Warburg Division David M. Solo USA Chief Operating Officer, Chief Operating Officer SBC Warburg Division Gary Brinson USA Head "Global Institutional Division Head Asset Management," SBC Warburg Division George M. Feiger Switzerland Head "Investment Banking Division Head Operations," Corporate Finance, SBC Warburg Division Markus Granziol Switzerland Head "Equities," SBC Division Head Warburg Division Andrew Siciliano USA Head "Foreign Exchange" and Division Head "Rates," SBC Warburg Division John Dugan USA Regional Chairman North Regional Chairman America, SBC Warburg Division Rodney G. Ward Great Britain Regional Chairman Regional Chairman Asia/Pacific, SBC Warburg Division Roland H. Wojewodzki France Regional Chairman Regional Chairman Switzerland and Latin America, SBC Warburg Division
SCHEDULE B ---------- Common Stock Purchased and Sold
Transaction Trade Date Shares Unit Price - ----------- ---------- ------ ---------- BY 06/03/96 3,300 57.1250 BY 06/03/96 700 57.1250 BY 06/05/96 1,100 57.3630 BY 06/05/96 6,200 57.3630 BY 06/06/96 1,400 57.0000 SL 06/06/96 5,500 57.3750 SL 06/07/96 100 55.5000 BY 06/07/96 100 55.5000 SL 06/07/96 400 56.1250 BY 06/10/96 2,700 56.5880 SL 06/10/96 1,200 57.3750 BY 06/10/96 100 56.3750 SL 06/10/96 1,500 56.5625 SL 06/10/96 1,500 56.5625 SL CANCEL 06/10/96 1,500 56.5625 SL 06/10/96 1,200 56.3750 SL CANCEL 06/10/96 1,200 56.3750 SL 06/12/96 100 55.5000 SL 06/12/96 400 55.7500 BY 06/13/96 500 54.1250 BY 06/13/96 1,000 54.1250 BY 06/14/96 1,500 52.3750 BY 06/14/96 400 53.2500 SL 06/19/96 100 53.7500 SL 06/19/96 600 53.7500 SL 06/19/96 100 53.7500 BY 06/19/96 800 53.7500 SL 06/20/96 3,300 52.7500 BY 06/20/96 2,500 51.7500 BY 06/20/96 1,000 51.250 BY 06/20/96 1,000 50.7500 BY 06/21/96 2,500 51.2500 BY 06/21/96 2,500 50.8125 SL 06/21/96 7,000 50.7500 BY 06/21/96 1,500 50.3750 BY 06/21/96 1,000 50.2500 SL 06/21/96 1,500 51.0000 BY 06/21/96 1,500 51.0000 BY 06/24/96 1,000 50.1250 BY 06/24/96 1,000 50.0000 SL 06/24/96 900 51.0000 BY 06/24/96 400 49.7500 BY 06/24/96 500 49.8750 SL 06/24/96 1,200 51.0000 SL 06/24/96 2,000 51.1250 BY 06/24/96 100 51.1250 SL 06/24/96 100 50.7500 SL 06/25/96 5,000 50.8750 SL 06/25/96 700 51.2500 SL 06/26/96 2,600 50.1250 SL 06/26/96 500 50.1250 SL 06/26/96 2,000 50.0000 SL 06/26/96 1,000 50.8125 BY 06/26/96 1,000 49.3125 BY 06/26/96 500 49.2500 BY 06/26/96 1,300 49.5625 BY 06/26/96 200 49.5625 SL 06/26/96 15,200 50.1250 SL 06/28/96 600 50.2500 SL 06/28/96 300 50.2500 SL 06/28/96 100 50.2500 SI 07/01/96 2,900 51.0000 SI 07/01/96 38,400 51.0000 BY 07/01/96 2,000 50.6250 SL 07/01/96 1,600 51.0000 SI 07/01/96 1,600 51.0000 SL 07/01/96 3,200 50.3750 BY 07/01/96 300 50.3750 BY 07/02/96 2,800 50.5000 BY 07/02/96 3,800 50.5000 BY 07/03/96 500 48.6250 BY 07/03/96 1,500 48.7500 BY 07/03/96 1,200 48.5000 BY 07/03/96 3,000 48.7500 BY 07/03/96 1,500 49.6250 BY 07/03/96 1,500 49.2500 BY 07/03/96 1,000 49.8125 BY 07/03/96 100 49.7500 BY 07/05/96 2,000 48.0000 BY 07/05/96 300 49.0000 BY 07/08/96 2,500 45.3750 BY 07/08/96 1,000 45.5000 BY 07/08/96 3,000 45.1250 BY 07/08/96 3,500 45.7500 BY 07/08/96 1,000 45.6250 BY 07/08/96 1,500 45.0000 BY 07/08/96 3,500 44.8750 BY 07/08/96 4,000 46.0000 BY 07/08/96 900 45.0000 BY 07/08/96 1,000 45.1250 BY 07/08/96 6,000 46.1250 BY 07/08/96 3,000 46.7500 BY 07/08/96 3,000 47.0000 BY CANCEL 07/08/96 3,000 46.3750 BY 07/08/96 3,000 46.6250 BY 07/08/96 1,000 46.5000 BY 07/08/96 1,000 46.2500 BY 07/08/96 3,000 46.3750 BY 07/08/96 1,000 46.3750 SL 07/09/96 1,300 47.6250 BY 07/09/96 1,500 46.8750 SL 07/09/96 200 47.7500 SL 07/09/96 1,500 47.7500 BY 07/09/96 1,000 46.6250 BY 07/09/96 1,500 46.7500 SL 07/09/96 500 48.0000 SL 07/09/96 100 46.8750 SL 07/09/96 100 46.8750 SL 07/09/96 100 47.5000 SL 07/09/96 100 46.8750 SL 07/09/96 200 46.8750 SL 07/09/96 200 46.8750 SL 07/09/96 200 46.8750 BY 07/10/96 2,000 46.3750 SL 07/10/96 1,200 46.3750 BY 07/10/96 500 47.0000 BY 07/10/96 400 47.2500 BY 07/11/96 5,000 45.0000 BY 07/12/96 5,000 46.2800 SL 07/12/96 1,000 47.2500 BY 07/12/96 1,900 45.5000 SL 07/12/96 200 46.7500 SL 07/15/96 4,000 47.7500 SL 07/15/96 400 47.5000 SL 07/15/96 2,000 47.8750 SL 07/15/96 5,000 48.0000 BY 07/15/96 800 46.7500 SL 07/15/96 1,100 46.8750 SL 07/15/96 2,600 47.3125 SL 07/15/96 5,000 48.2500 SL 07/15/96 3,000 47.7500 SL 07/15/96 6,000 48.2500 SL CANCEL 07/15/96 5,000 48.2500 SL CANCEL 07/15/96 4,000 47.7500 SL 07/15/96 2,000 48.5000 BY 07/15/96 800 46.7500 BY 07/15/96 100 47.5000 BY 07/16/96 2,200 44.5000 BY 07/16/96 2,000 44.5000 BY 07/16/96 2,000 43.7500 BY 07/16/96 2,000 44.7500 BY 07/16/96 10,000 49.7500 BY CANCEL 07/16/96 3,800 45.0000 BY 07/16/96 3,800 45.1250 BY 07/16/96 1,500 43.6250 BY 07/16/96 3,400 44.8750 BY 07/16/96 700 45.3750 BY 07/16/96 7,200 45.5000 BY 07/16/96 6,300 45.0000 BY 07/16/96 3,800 45.0000 BY 07/16/96 1,600 45.0000 BY 07/16/96 3,500 45.0000 BY 07/17/96 8,200 46.0000 BY 07/17/96 1,400 46.0000 SL 07/17/96 1,000 47.5000 BY 07/17/96 1,000 46.0000 BY 07/17/96 600 45.7500 BY 07/17/96 1,900 45.5000 BY 07/17/96 300 47.0000 SL 07/18/96 4,000 50.2500 SL 07/18/96 2,000 50.5000 SL 07/18/96 2,000 50.0000 BY 07/18/96 2,000 48.7500 BY 07/18/96 5,000 49.0000 BY 07/18/96 2,000 49.0000 SL 07/18/96 1,000 48.7500 SL 07/18/96 1,000 48.6250 SL 07/18/96 1,000 48.8750 SL 07/18/96 1,000 49.0000 SL 07/18/96 3,800 49.5000 SL 07/18/96 5,500 49.2500 SL 07/18/96 1,000 48.5000 SL 07/18/96 2,000 48.2500 SL 07/18/96 3,000 47.7500 SL 07/18/96 2,000 49.8750 SL 07/18/96 1,500 48.0000 SL 07/18/96 3,000 48.1250 SL 07/18/96 5,000 48.1250 SL 07/18/96 200 49.6250 BY 07/18/96 1,000 49.2500 SL 07/18/96 2,000 49.7500 SL 07/18/96 100 49.5000 BY 07/19/96 1,000 48.6250 BY 07/19/96 1,000 49.0000 BY 07/19/96 2,000 49.0625 BY 07/19/96 1,600 48.0000 BY 07/19/96 3,400 47.8125 BY 07/19/96 1,000 47.8750 BY 07/19/96 2,000 47.7500 BY 07/19/96 2,000 47.2500 BY 07/22/96 2,000 45.2500 BY 07/22/96 5,000 45.2500 BY 07/22/96 8,000 45.5000 BY 07/22/96 1,000 44.7500 BY 07/22/96 4,000 45.0000 BY 07/22/96 2,000 45.7500 BY 07/22/96 2,000 46.2500 BY 07/22/96 8,000 46.0000 BY 07/23/96 1,000 43.7500 BY 07/23/96 5,000 44.0000 BY 07/23/96 2,000 43.5000 BY 07/23/96 4,000 44.2500 BY 07/23/96 2,000 43.0000 BY 07/23/96 1,000 92.1250 BY 07/23/96 1,000 42.8750 BY 07/25/96 4,000 45.5000 BY 07/25/96 1,000 45.3750 SL 07/25/96 2,000 47.0000 BY 07/25/96 5,000 44.7500 BY 07/25/96 5,000 45.2500 SL 07/25/96 2,000 47.0000 SL 07/25/96 3,600 47.2500 SL 07/25/96 1,000 47.0000 SL 07/25/96 2,400 46.1250 BY 07/25/96 200 47.0000 SL 07/25/96 2,300 46.1250 BY 07/25/96 100 47.0000 BY 07/25/96 100 47.0000 BY 07/25/96 200 47.0000 BY 07/25/96 100 47.0000 BY 07/25/96 300 47.0000 BY 07/25/96 200 47.0000 BY 07/25/96 100 47.0000 BY 07/25/96 100 47.0000 BY 07/25/96 200 47.0000 BY 07/25/96 600 47.0000 BY 07/25/96 100 47.0000 SL 07/26/96 4,000 24.8750 SL 07/26/96 2,500 25.0000 SL 07/26/96 6,500 24.7500 SL 07/26/96 6,000 25.2500 SL 07/26/96 2,500 24.6250 SL 07/26/96 2,000 25.0000 SL 07/26/96 3,000 24.3750 BY 07/26/96 1,000 25.1250 BY 07/26/96 1,000 25.2500 SL 07/26/96 5,000 24.2500 SL 07/26/96 5,000 25.3750 SL 07/26/96 2,000 24.5000 SL 07/26/96 12,500 25.5000 SL 07/26/96 2,500 25.7500 SL 07/26/96 5,000 25.6250 SP 07/26/96 1,600 0.0000 SP 07/26/96 49,400 0.0000 SP 07/26/96 1,400 0.0000 SP 07/26/96 5,300 0.0000 SP 07/26/96 1,400 0.0000 SP 07/26/96 500 0.0000 SP 07/26/96 4,300 0.0000 SP 07/26/96 10,200 0.0000 SP 07/26/96 1,100 0.0000 SP 07/26/96 800 0.0000 SP 07/26/96 1,000 0.0000 SP 07/26/96 1,600 0.0000 SP 07/26/96 23,900 0.0000 SP 07/26/96 700 0.0000 SP 07/26/96 3,000 0.0000 SP 07/26/96 700 0.0000 SP 07/26/96 4,600 0.0000 SP 07/26/96 14,600 0.0000 SP 07/26/96 9,100 0.0000 SP 07/26/96 2,000 0.0000 SP 07/26/96 16,800 0.0000 SP 07/26/96 6,800 0.0000 SP 07/26/96 4,900 0.0000 SP 07/26/96 1,300 0.0000 SP 07/26/96 1,700 0.0000 SP 07/26/96 5,000 0.0000 SP 07/26/96 1,500 0.0000 SP 07/26/96 2,400 0.0000 SP 07/26/96 7,100 0.0000 SP 07/26/96 1,400 0.0000 SP 07/26/96 10,600 0.0000 SP 07/26/96 1,600 0.0000 SP 07/26/96 1,800 0.0000 SP 07/26/96 24,900 0.0000 SP 07/26/96 38,400 0.0000 SP 07/26/96 2,900 0.0000 SP 07/26/96 800 0.0000 SP 07/26/96 1,400 0.0000 SP 07/26/96 3,000 0.0000 SP 07/26/96 6,700 0.0000 SP 07/26/96 2,000 0.0000 SP 07/26/96 300 0.0000 SP 07/26/96 613 0.0000 SP 07/26/96 613 0.0000 SP 07/26/96 613 0.0000 SP 07/26/96 13,504 0.0000 SP 07/26/96 13,504 0.0000 SP 07/26/96 29,200 0.0000 SP 07/26/96 300 0.0000 SP 07/26/96 200 0.0000 SP 07/26/96 1,000 0.0000 SP 07/26/96 4,400 0.0000 SP 07/26/96 500 0.0000 SP 07/26/96 1,200 0.0000 SP 07/26/96 800 0.0000 SP 07/26/96 300 0.0000 SP 07/26/96 200 0.0000 SP 07/26/96 1,400 0.0000 SP 07/26/96 8,300 0.0000 SP 07/26/96 11,100 0.0000 SP 07/26/96 3,500 0.0000 SP 07/26/96 11,800 0.0000 SP 07/26/96 1,700 0.0000 SP 07/26/96 3,500 0.0000 SP 07/26/96 1,100 0.0000 SP 07/26/96 1,500 0.0000 SP 07/26/96 1,000 0.0000 SP 07/26/96 6,100 0.0000 SP 07/26/96 3,100 0.0000 SP 07/26/96 200 0.0000 SP 07/26/96 600 0.0000 SP 07/26/96 3,300 0.0000 SP 07/26/96 400 0.0000 SP 07/26/96 17,300 0.0000 SP 07/26/96 200 0.0000 SP 07/26/96 6,700 0.0000 SP 07/26/96 1,200 0.0000 SP 07/26/96 2,300 0.0000 SP 07/26/96 7,400 0.0000 SP 07/26/96 200 0.0000 SP 07/26/96 500 0.0000 SP 07/26/96 700 0.0000 SP 07/26/96 600 0.0000 SP 07/26/96 2,600 0.0000 SP 07/26/96 200 0.0000 SP 07/26/96 2,300 0.0000 SP 07/26/96 4,400 0.0000 SP 07/26/96 1,000 0.0000 SP 07/26/96 200 0.0000 SP 07/26/96 200 0.0000 SP 07/26/96 1,400 0.0000 SP 07/26/96 5,800 0.0000 SP 07/26/96 300 0.0000 SP 07/26/96 2,500 0.0000 SP 07/26/96 135,900 0.0000 SP 07/26/96 3,000 0.0000 SP 07/26/96 5,500 0.0000 SP 07/26/96 3,000 0.0000 SP 07/26/96 10,600 0.0000 SP 07/26/96 2,900 0.0000 SP 07/26/96 2,700 0.0000 SP 07/26/96 2,500 0.0000 SP 07/26/96 3,100 0.0000 SP 07/26/96 9,400 0.0000 SP 07/26/96 18,200 0.0000 SP 07/26/96 7,000 0.0000 SP 07/26/96 2,300 0.0000 SP 07/26/96 2,600 0.0000 SP 07/26/96 3,500 0.0000 SP 07/26/96 2,500 0.0000 SP 07/26/96 3,800 0.0000 SP 07/26/96 21,300 0.0000 SP 07/26/96 4,000 0.0000 SP 07/26/96 1,000 0.0000 SP 07/26/96 2,200 0.0000 SP 07/26/96 1,200 0.0000 SP 07/26/96 300 0.0000 SP 07/26/96 4,000 0.0000 SP 07/26/96 1,900 0.0000 SP 07/26/96 800 0.0000 SP 07/26/96 4,200 0.0000 SP 07/26/96 500 0.0000 SP 07/26/96 300 0.0000 SP 07/26/96 6,100 0.0000 SP 07/26/96 1,800 0.0000 SP 07/26/96 5,100 0.0000 SP 07/26/96 4,000 0.0000 SP 07/26/96 1,700 0.0000 SP 07/26/96 2,200 0.0000 SP 07/26/96 1,400 0.0000 SP 07/26/96 5,400 0.0000 SP 07/26/96 3,000 0.0000 SP 07/26/96 1,600 0.0000 BY 07/29/96 1,000 24.6250 BY 07/29/96 2,000 24.7500 BY 07/29/96 1,000 24.5000 SL 07/29/96 2,000 25.2500 BY 07/29/96 7,600 24.3125 BY 07/29/96 1,000 24.3750 BY 07/29/96 500 24.2500 BY 07/30/96 1,200 24.2500 BY 07/30/96 500 24.3125 BY 07/30/96 600 24.5000 SL 07/31/96 1,000 25.7500 SL 07/31/96 1,000 25.7500 BY 07/31/96 2,000 24.7500 SL CANCEL 07/31/96 1,000 25.7500 BY 07/31/96 100 25.0000 SL 08/01/96 1,400 25.3750 BY 08/01/96 1,200 25.3750 BY 08/02/96 1,100 25.1250 BY 08/02/96 1,100 25.1250 SL 08/02/96 200 24.8750 BY 08/05/96 200 25.3750 BY 08/07/96 22,800 24.6250 BY 08/07/96 200 24.5000 SL 08/13/96 2,000 26.0000 SL 08/13/96 14,500 26.0000 SL 08/13/96 1,000 25.9688 SL 08/13/96 12,000 26.1250 SL 08/13/96 2,200 26.1875 SL 08/13/96 500 25.9375 SL 08/13/96 3,900 25.8750 BY 08/13/96 1,500 26.0625 BY 08/13/96 2,000 23.7500 SL 08/13/96 4,000 25.7500 SL 08/13/96 4,000 25.8125 SL 08/13/96 7,300 26.2500 SL 08/13/96 1,000 25.9375 SL 08/13/96 1,000 26.3750 SL 08/13/96 5,500 26.7500 SL 08/13/96 4,000 26.6875 SL 08/13/96 3,000 26.6250 SL 08/13/96 1,000 26.5000 SL 08/14/96 700 25.6250 SL 08/14/96 5,000 25.6250 SL 08/14/96 300 25.6875 BY CANCEL 08/14/96 1,400 26.5000 BY 08/14/96 1,400 26.5000 BY 08/14/96 1,400 26.5000 SL 08/14/96 300 26.0000 BY 08/14/96 200 26.0000 SL 08/14/96 100 26.0000 BY 08/14/96 400 26.0000 SL 08/14/96 200 26.0000 BY 08/15/96 1,200 25.5000 BY 08/15/96 200 25.8750 BY 08/21/96 500 24.7500 BY 08/21/96 2,500 25.0000 BY 08/22/96 2,100 25.8100
Warrants Purchased and Sold
Transaction Trade Date Shares Unit Price - ----------- ---------- ------ ---------- BY 06/10/96 3,000 21.000 SL 07/13/96 500 16.2500 BY 07/18/96 1,000 16.5000 BY 08/13/96 800 15.8750 BY 08/13/96 1,000 16.0000 BY 08/13/96 1,000 17.7500 SL 08/13/96 2,000 16.5000 SL 08/13/96 2,000 16.7500 BY 08/22/96 2,000 15.7500 BY 08/22/96 2,000 16.0000 BY 08/22/96 3,000 16.2500
BY: Purchase SL: Sale SI: Transfer from Client SP: Received in Stock Split -----END PRIVACY-ENHANCED MESSAGE-----